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Iran deal 'will lead to surge of oil to Asia'
Iran's deal with Western powers to curb parts of its nuclear programme is likely to lead to a sizable increase of shipments of oil from the Islamic Republic to Asia, analysts said. ... more
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Arab gulf states build up strike capabilities as U.S. relaxes rules
Amid mounting Arab concerns about a rapprochement between the United States and Iran, the Persian Gulf petro-monarchies that are Tehran's greatest opponents are looking to acquire precision-guided weapons and other advanced systems to enhance their strike capabilities. ... more
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China oil pipeline explosion toll rises to 52
The death toll from an oil pipeline explosion in a Chinese coastal city rose to 52 Sunday, as rain and the close proximity of dangerous gases hampered the rescue operation, state media said. ... more
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18,000 evacuated after pipeline explosion in China: govt
Some 18,000 people were evacuated from a Chinese coastal city after an oil pipeline explosion killed at least 47 people and sent thick black smoke billowing into the sky, a local government report said Saturday. ... more
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